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Hong Kong's DotMedia to Move
Operations to Cheaper Locations

By

Connie Ling WSJ.com

Updated Oct. 12, 2000 12:01 a.m. ET

HONG KONG -- DotMedia Studios Ltd., operator of DotLove (www.dotlove.com ), a Web site for youths, said Wednesday that it is laying off 20 people in Hong Kong and moving the bulk of its operations to India and China to save costs.

The company is the latest in an increasingly long list of Hong Kong Internet firms to cut back local operations and move across the border, where labor and rent costs are much cheaper.